Satellite terminal definition

Satellite terminal means and includes any machine or device located off the premises of a financial institution, and any machine or device located on the premises of a financial institution only if the machine or device is available for use by customers of other financial institutions, whether attended or unattended, by means of which the financial institution and its customers utilizing an access device may engage through either the immediate transmission of electronic impulses to or from the financial institution or the recording of electronic impulses or other indicia of a transaction for delayed transmission to the financial institution, in transactions which affect a customer asset account and which otherwise are specifically permitted by applicable law. However, the term “satellite terminal” does not include any such machine or device, wherever located, if that machine or device is not generally accessible to persons other than employees of a financial institution or an affiliate of a financial institution.
Satellite terminal means and includes any machine or device located off the premises of a financial institution, and any machine or device located on the premises of a financial institution only if the machine or device is available for use by customers of other financial institutions, whether attended or unattended, by means of which the financial
Satellite terminal means and includes any machine or device located off the premises of a financial institution, and any machine or device located on the premises of a

Examples of Satellite terminal in a sentence

  • However, Customer (or Customer’s Customer) is highly advised to observe any (metered) plan level (communications cost) the Satellite terminal is using.

  • The services that will be funded are additional overtime hours for current CBP staff serving Sea- Tac’s international arriving flights, including but not limited to the airport’s South Satellite terminal.


More Definitions of Satellite terminal

Satellite terminal means a terminal suitable for operation with and use over the Company’s satellite service; [***];
Satellite terminal means a version of satellite terminal other than a WBST, generally based upon customer premise equipment that consists of a satellite modem, outdoor antenna, Ka-band transceiver, standard alignment/mounting/grounding hardware, cable from modem to dish, and power supply(s).
Satellite terminal means a terminal suitable for operation with and use of the Services.

Related to Satellite terminal

  • Satellite means any satellite owned by the Issuer or any of its Restricted Subsidiaries and any satellite purchased by the Issuer or any of its Restricted Subsidiaries pursuant to the terms of a Satellite Purchase Agreement, whether such satellite is in the process of manufacture, has been delivered for launch or is in orbit (whether or not in operational service).